Magnolia II Side Entry Plan, Crystal Lake EstatesRed OakTX75154
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Red Oak at Magnolia II Side Entry Plan, Crystal Lake Estates, Red Oak, TX, 75154 offers a 12.43% rental yield on a $575,990 purchase with $5,968/mo rent. Total monthly income registers $5,968/mo, and a $2,819/mo payment leaves $1,872/mo available for distribution. Annual cash flow reaches $22,467/yr on $189,501 to close, and return on cash invested stands at 31.92% in year one. Equity gained on principal adds $3,717/yr while 5% annual appreciation supports $159,135 over five years. Portfolio math shows five-year ROI at 168.43% and total cumulative return in cash at $319,174. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,968/mo property income against a $2,819/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Housing Distribution
Address Breakdown
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
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